Swiss Life Holding AG (OTCMKTS:SZLMY) Stock Short Interest Rises 315.4%

Swiss Life Holding AG (OTCMKTS:SZLMY) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 8,732 shares, an increase of 315.4% from the October 15th total of 2,102 shares. Based on an average daily volume of 23,541 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Barclays raised Swiss Life to a “strong-buy” rating in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Swiss Life Price Performance

SZLMY stock opened at $58.61 on Thursday. Swiss Life has a 12 month low of $50.75 and a 12 month high of $61.36. The firm has a 50 day simple moving average of $56.23 and a 200 day simple moving average of $56.12.

Swiss Life Company Profile

Swiss Life is a Swiss insurance and financial services group that provides life insurance, retirement and pension solutions, and financial advice. Its offerings serve individuals, families, and businesses, with services covering savings, income protection, and long-term financial planning. The company traces its origins to 1857, when it was established in Switzerland as Schweizerische Rentenanstalt. It has since expanded beyond its home market, with operations in Switzerland, France, Germany, and Luxembourg, as well as cross-border services.